The market will be watching next move from OPEC+ whose Joint Monitoring Committee will meet on Wednesday to recommend next level of cuts
14 Jul 2020 11:34 AM
Oil prices have recovered sharply in April after OPEC+ cut output by a record 9.7 million barrels per day for three months since May
13 Jul 2020 9:02 AM
Indian refiners in April filled tanks with cheaper oil, sold extra cargoes to the federal government for strategic reserves
24 Jun 2020 10:29 AM
Production from seven major U.S. shale formations is likely to drop to close to a two-year low of 7.63 million barrels per day by July
16 Jun 2020 9:02 AM
Iraq and Kuwait have committed to cuts to their oil outputs of 210,000 bpd and 131,000 bpd respectively under the OPEC deal.
10 Dec 2016 12:29 PM